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Is Payback Ltd. The Top Rated Forex Recovery Company?

Have you recently been duped into investing your life savings in the forex market by a fraudulent broker? Fraudulent forex brokers approach unsuspecting individuals and present them with too-good-to-be-true opportunities, which they then combine with a smidgeon of knowledge and a slew of experience to dupe investors into investing with them. 

The brokers offer investors high leverage, requiring them to invest £1000 in order to receive £100,000 in return, resulting in inexperienced traders accepting the deal. Due to a lack of accountability, 11 percent to 25 percent of scammers become professionals in defrauding people on forex, according to reports. The bubble bursts, and it turns out that the forex broker was a scam, just like any other scenario that seems too good to be true! Fake forex brokers have been fabricating data in order to deceive people.

As a result, reporting and recovering money is critical in order to create a safe trading environment. The Claimers is a knowledgeable and experienced company that specialises in asset recovery for all types of scams. For individuals who have been wronged by their forex broker, our team of vigilant agents has developed an integrated recovery process. If you’re one of them, keep reading to learn how the The Claimers information on the recovery process for Forex scams can help you get your money back.

forex charting on laptop

Study shows that nearly 40% of those who Report Fraud attacks are young adults between ages of 20-29 yrs old

Federal Trade Commission

If you want to keep yourself safe from falling victim to internet scams, then you’re definitely at the right place. We can give you the best practices in identifying red flags as well as help you in recovering your stolen money from scammers!

Table of Contents

What Does A Forex Scam Entail?

While forex appears to be legal on the surface, “there are many potential bad actors in the space, and it is a prime atmosphere for spoofing, ghosting, and/or front-running,” according to Braden Perry of Kennyhertz Perry LLC in Kansas City, Missouri. 

According to Perry, the rise of internet-based trading platforms has only increased the risks, allowing for more fraudulent promotional schemes, overstated returns, and failure to pay out for wins. “Furthermore, some actors are rigging the system with manipulative software.” The main problem with forex trading is a lack of transparency, as well as unclear regulatory structures and insufficient oversight. There are, however, forex products listed on exchanges that are regulated. Similarly, there are legitimate brokers who make a living.

Today, no trader should spend more than a few hundred dollars on a good system. Be especially wary of system sellers who charge exorbitant prices in exchange for a guarantee of spectacular results. Instead, look for legitimate sellers who have had their systems thoroughly tested so that they can potentially earn money. The commingling of funds is another persistent issue. Individuals cannot track the exact performance of their investments without a record of segregated accounts. This makes it easier for retail firms to pay exorbitant salaries, buy houses, cars, and planes, or simply disappear with an investor’s money. The issue of fund segregation was addressed in Section 4D of the Commodity Futures Modernization Act of 2000; what happens in other countries is a separate issue.

crypto chart and coin

History Of The Payback Ltd

Payback Ltd is one of the most well-known chargeback companies in the world. They pride themselves on having one of the highest success rates in the industry, specializing in online trading scams (Forex, Binary Options, Crypto, and so on). They’re also known for our no-nonsense approach to dealing with con artists in order to recover our clients’ funds.

It’s difficult to get your money back in the forex market. When you use an unregulated broker, the difficulty level rises. The near-impossibility of recovering money from the scammers who defrauded you adds to the problem. However, Payback LTD has a track record of success in assisting investors who have been scammed or defrauded. They’re a regulated fund recovery firm that specializes in more complex financial investments like forex, binary options, cryptocurrency, and stocks. They have a number of key personnel on the team who ensure that the operation is run efficiently and with the best interests of the customer in mind. Payback Ltd’s employees all have a solid understanding of and experience with the world we live in, which allows them to be extremely effective at their jobs.

payback-ltd

Anyone you contact within their company, from Customer Support to Lawyers and Forensic Accountants, is in the best position to help you. Their team will be by your side every step of the way, from gathering evidence to confronting the scammers and recovering your funds.

If you’ve been a victim of Crypto Scam you can contact us for support.

They Have Helped Countless Individuals Get Their Funds Back

Are you aware that we can help you recover funds that have been lost due to a Forex scam or fraud? If you’ve been a victim of a Forex scam that has taken your money, you’re not alone. 

Millions of people are duped every year all over the world simply because they want to get rich, improve their family’s financial situation, and live the lives they’ve always imagined. People fall prey to frauds and scams in order to achieve all of this, resulting in significant financial loss.  However, only a few years ago, things were very different. You were unable to get in touch with any company for help in recovering your funds. It’s critical to recognize that forex frauds and funds recovery help to fill a market gap that is largely untapped. You now have the opportunity to regain control of your situation and achieve the best possible outcome by recovering your funds. You have fund recovery experts on your side who can assist you in reclaiming the funds you’ve misplaced.

bitcoin chart on phone

We are one such fund recovery service, and we use a comprehensive and integrated recovery approach when it comes to recovering funds from a forex scam. Because time is of the essence in such frauds, we act quickly and consistently, and we maintain complete transparency and keep our customers informed throughout the process for their benefit. We’ll take you through the steps to get your money back while keeping the same concept in mind.

Review Your Request

Assume you’ve been the victim of a dating scam online. Our investigation specialists will begin reviewing and working on your case as soon as you figure it out and notify us via our website’s online contact form

We recognize that forex fraud is a time-sensitive issue, so the sooner we begin investigating it, the sooner your funds will be recovered. According to studies, the scammer is caught 87 percent of the time if the fraud is reported within two days of the occurrence. Following the case review, a member of our team will contact you to further discuss your situation and offer advice tailored to your unique situation.

Do you suspect that someone had scammed you?

If you have any suspicion of a scam or phishing attack, then you can rely on TheClaimers to help you with protection, mitigation, and fund recovery. You will feel safe knowing that experts with years of experience will be guiding you!

Evidence Collection

Evidence is critical in turning the case in your favor, just like it is in any other criminal case, so we’ll start collecting evidence and evaluating brokers right away. Members of our team will trace your steps back to the scammer, collecting any and all relevant evidence. Calls, messages, emails, screenshots, billings, bills, and the total digital footprint are all part of the package. You’ll be working closely with digital analysts at this point to ensure that all relevant evidence is recovered and your case is as strong as possible.

Building Your Case

Many people believe that everything will be fine if the evidence is recovered. That is not the case, however. From here, team members will begin the paperwork for your case. To ensure that the data is not rejected by the financial institutions concerned, it is organized in an efficient, effective, and feasible manner. This necessitates a thorough understanding of legal documents, which is exactly why we’re here!

forex marketing

Recover Your Money

This is the last step in the recovery process. At this point, our recovery specialists devise a unique plan for resolving the situation, which may include going directly to the fraudster or enlisting the assistance of third parties. We begin by approaching the scammer directly, explaining the facts and warning them of the consequences. The majority of the time, they are compelled to pay back the money. However, if that fails, our team has a backup plan in place, which includes financial institutions. We’ve partnered with payment providers such as Tranferwise, Paypal, and others to help us recover your funds!

We are successful in recovering your funds because we have worked in this field for a long time and this isn’t the first time we’ve dealt with a crooked firm. You have to admit that when it comes to cash recovery experts, we can do a lot for you that no one else can. While some people begin their investigation by identifying scammers, it’s likely that we’ve already come across these con artists. As a result, we’re making good progress toward the goals we set for ourselves in your case. We immediately know who is to blame when you tell us the name of the broker who has defrauded you.

This allows us to reach out to the appropriate people and request that they return your funds. When you speak with the cops in your neighborhood, however, you will be bombarded with questions because the officers are unsure where to begin. You don’t want to be in that situation when you’re already frustrated. A lack of power is one of the factors preventing customers and dealers like you from pursuing these matters on your own.

You are just another person to these forex con artists. When you contact them and ask for your money back, they rarely take you seriously. After a few calls, they’ll take down your phone number and never call you again. They’re busy defrauding someone else while you’re attempting to contact them. In this case, however, we can completely turn the tables.

If you have a professional fund recovery company call these fraudsters and tell them how they might be caught, you can be confident that they will answer and cooperate.

Forex Scam

How Payback Ltd Can Recover Your Funds

It’s difficult to get your money back in the forex market. When you use an unregulated broker, the difficulty level rises. 

The near-impossibility of recovering money from the scammers who defrauded you adds to the problem. However, Payback LTD has a proven track record of success in assisting investors who have been scammed or defrauded. We’re a regulated fund recovery firm that specializes in some of the more difficult financial investments, such as forex, binary options, cryptocurrency, and stocks. 

Our team of experts focuses on customer outreach and attempts to mitigate the damage that fraudulent actors have caused to our clients in addition to our professional forex recovery services. They are successful in their money recovery efforts. Money retrieved by forex scammers totaled $ 4,355,647 in the first quarter of 2022.

The Forex market is a favorite haunt of con artists. Because the industry is widely regarded as a legitimate investment option, it is difficult for the average person to distinguish between scams and legitimate brokers. Most people have no idea they’ve been conned; they simply believe they’ve had “a bad trading day.” Contact them right away if you believe the way you lost money trading was more than just a “bad day.” If your Broker is a con artist, we may be able to recover your funds.

Conclusion

As people become more reliant on digital platforms, criminals have set up numerous fraud and scam traps. Victims of the forex trading scam have reported losing a significant amount of money, causing them to go bankrupt or struggle to make ends meet. 

Furthermore, the legal process for apprehending the scammer and recovering the money complicates the lives of the investors. However, action must be taken against scammers in order to create a more secure environment for businesses to thrive. As a result, you should contact our firm – the Claimers; with our assistance, many victims have been able to escape this scam trap.

Scammers try to corner investors and make them lose all hope, but we will restore your faith in us by providing a transparent and safe environment for you to invest in.

do you need help?

A lot of those who contact us have questions and concerns about their personal and business data being compromised. We aim to arm you with the legal and technical know-how in the fight against scams. Also, we will be able to refer you to top scam recovery agencies.

Please fill up the form. Rest assured that our support team will get in touch with you

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